Org.nr 990 646 066 2008 → 2009 Year-over-year analysis

NYKODE THERAPEUTICS ASA: årsregnskap 2009 vs 2008

Grew 36% on revenue, stronger earnings, cash halved-plus

approved 2010-04-07; registry 2010-06-24; journal 2010 455452

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for NYKODE THERAPEUTICS ASA. Revenue 688.0k NOK → 935.7k NOK (+36.0%). Net result +670.5k NOK → +906.4k NOK. Equity -234.4k NOK → 737.6k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for NYKODE THERAPEUTICS ASA.

Scorecard

Revenue
688.0k NOK 935.7k NOK
+36.0%
Net result
+670.5k NOK +906.4k NOK
+35.2%
Equity
-234.4k NOK 737.6k NOK
+414.7%
Cash
974.6k NOK 22.6k NOK
-97.7%
Total assets
896.3k NOK 3.58m NOK
+299.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 688.0k NOK to 935.7k NOK (+36.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +670.5k NOK → +906.4k NOK (net margin 97.5% → 96.9%). Calculated

  • ↑

    Equity strengthened

    Book equity -234.4k NOK → 737.6k NOK (equity ratio -26.2% → 20.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.75× → 3.89×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.40m NOK → 5.28m NOK (+3.88m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 974.6k NOK → 22.6k NOK (-97.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 335.3k NOK → 240.0k NOK (-28.4% YoY). Calculated